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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Experian global revenues up 12pc in Q1

(Sharecast News) - Data and technology firm Experian said on Tuesday that global revenues were up double-digits in the three months ended 30 June. Experian said total group revenues had grown 12% at actual exchange rates, with North American revenues improving 10%, while revenues in Latin America and the UK & Ireland were both 8% higher in Q1. Europe, Middle East & Africa and Asia-Pacific revenues surged 39%.

Chief executive Brian Cassin said: "We delivered strong Q1 growth and have further advanced our strategic priorities. Total revenue growth at constant currency was 12%, with organic revenue growth of 8%, sustaining recent strong underlying performance and our financial outlook for the year is unchanged."

As of 0850 BST, Experian shares were up 4.33% at 4,020.0p.

Reporting by Iain Gilbert at Sharecast.com

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